Innovation Driven Entrepreneurship - Bilkent University · Innovation Driven Entrepreurship*...

38
Innovation Driven Entrepreneurship ODTÜ TEKNOKENT

Transcript of Innovation Driven Entrepreneurship - Bilkent University · Innovation Driven Entrepreurship*...

Innovation Driven Entrepreneurship

ODTÜ TEKNOKENT

• What is IDE? • How to manage Innovation Driven startups? • What are the resources at METU for Innovative Founders?

Innovation

Invention +

Profit Formula (Business Model)

Innovation Driven Entrepreurship

the creation of “innovation-driven enterprises” that pursue

global opportunities based on bringing to customers new innovations

that have a clear competitive advantage and

high growth potential.

Innovation Driven Entrepreurship*

Small/Medium Business EnterpriseEntrepreneurship

Innovation Driven EnterpriseEntrepreneurship

Local & Regional Markets only Focus on Global/Regional Markets

Innovation is not necessary and not an competitive advantage

Based on innovation (Tech., Business Model/Process )

Non Scalable Jobs (restaurant, dry cleaner, etc.)

Scalable Jobs. Do not have to be performed locally.

Family Businesses or businesses with little external money

More diverse ownership base, including external capital owners

Growth is linearGrowth starts with losing money, if successful exponential growth follows.

* http://www.kauffman.org/newsroom/2013/05/a-tale-of-two-entrepreneurs-new-kauffman-paper-highlights-different-types-and-their-roles-in-economy

Innovation Driven Entrepreurship*

* http://www.kauffman.org/newsroom/2013/05/a-tale-of-two-entrepreneurs-new-kauffman-paper-highlights-different-types-and-their-roles-in-economy

Innovation Driven Enterprises

Innovation Driven Enterprises

Innovation Driven Enterprises

Innovation Driven Enterprises

How about big

companies?

Ok they can’t innovateBut they hire people!

Net Job Creation: ZERO – SIFIR - 0

Let’sStartup!

Startup (IDE)

a temporary organization designed to search for a repeatable and scalable business model.

Startup >>>>>>>>> Enterprise

Q: HOW?A: Just like the scientist do!Q: WHY?A: Startups are also searching for something new, why don’t we follow the same way?

Startup Management

Steve Blank

Startup Management

Failure is integral part of Startup!

Get Out of The Building!

Fail Fast

Fail Fast or Succeed Faster

OK, Let’s Start,

What do I Need?

1. Fellow Traveler (Cofounder)2. Visionary3. Ambitious4. Persevering5. Flexible6. Talented

Your cofounder is sitting right next to you!

Start flirting right now!

All you need is a Problem!

Solve your own problem!

Family

Friends

You

How Can We Help?

ODTÜ GİMER – Entrepreneurship Research Center

• Course: BA 4137 Entrepreneurship

• Links– ODTÜ GİMER : http://gimer.metu.edu.tr/en/

– ODTÜ GİMER : https://twitter.com/odtugimer

– Assoc. Prof. Dr. Adil Oran:

• https://twitter.com/adiloran

• http://adiloran.com/

YFYI Acceleration Programs

Success Stories

ww

w.y

fyi.

com